CHICAGO-The International Association of Machinists and Aerospace Workers union has approved a new contract that calls for a general wage increases of 15 percent over four years and increased job security. MORE
DETROIT-Analysts are saying there could be an agreement between General Motors Corp. and Chrysler LLC by Tuesday that would result the closing of half of Chrysler’s assembly plants closing and the loss of 24,000 lost jobs. MORE
HUNTSVILLE, AL-After a three-month suspension, Toyota's Huntsville plant has resumed producing V-8 engines bound for assembly plants in Indiana and Texas. MORE
KRAGUJEVAC, Serbia-Serbia’s deputy minister of economics Nebojsa Ciric says his country wants to help General Motors build a new plant to produce the Opel Astra Classic automobile. MORE
PRINCE GEORGE, VA-Rolls-Royce PLC says the slowing economy will not stop its plan to build a new aircraft engine assembly and testing plant in Virginia. MORE
AUBURN HILLS, MI-Chrysler plans to drop production of the hybrid version of its Dodge Durango and Chrysler Aspen sport utility vehicles, leaving the company without a single hybrid in its lineup until at least 2010. MORE
WASHINGTON-New orders for long-lasting manufactured goods rose unexpectedly in September by 0.8 percent, led by surging demand for defense goods and transportation equipment. MORE